REGISTERED NUMBER: 06647956 (England and Wales)

RED CLAM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

S C Frost

SECRETARY:

J R Stevenson

REGISTERED OFFICE:

Poyle House

24 Epsom Road

Guildford

Surrey

GU1 3LE

REGISTERED NUMBER:

06647956 (England and Wales)

ACCOUNTANTS:

Bessler Hendrie LLP

Chartered Accountants

Ashbourne House

The Guildway

Old Portsmouth Road

Guildford

Surrey

GU3 1LR

FIXED ASSETS

Intangible assets

5

-

13,750

Tangible assets

6

1,812

1,297

1,812

15,047

CURRENT ASSETS

Debtors

7

24,186

25,330

Cash at bank

55,488

120,982

79,674

146,312

CREDITORS

Amounts falling due within one year

8

(62,337

)

(51,626

)

NET CURRENT ASSETS

17,337

94,686

TOTAL ASSETS LESS CURRENT LIABILITIES

19,149

109,733

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

19,049

109,633

SHAREHOLDERS' FUNDS

19,149

109,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2026 and were signed by:

S C Frost - Director

1.	STATUTORY INFORMATION

Red Clam Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Unless indicated otherwise in the accounting policies below, the financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the invoiced amount of fees and commission earned (stated net of Value Added Tax) during the year. Commission turnover is due when the landlord's rent is received from the tenant and is accounted for on that basis. Disbursements are recoverable as the expenditure is incurred.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of 5 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Tangible assets are stated at cost less accumulated depreciation. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 33% on cost

On disposal the difference between net proceeds and the carrying amount of the item sold is recognised in the profit and loss account and is included in administrative expenses.

Financial instruments

Financial instruments are classified as basic or non-basic in accordance with FRS 102 Section 11. Basic financial instruments are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method.

At each reporting date, financial assets measured at amortised cost are assessed for objective evidence of impairment. Where there is objective evidence that amounts due are not fully recoverable, an impairment loss is recognised in the profit and loss account. Impairment provisions are reviewed at each reporting date and adjusted to reflect changes in expected recoverability.

The company does not hold any non-basic financial instruments.

Taxation

Taxation for the period comprises of current and deferred tax. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events that result in an obligation to pay more tax in the future or a right to pay less tax in the future have occurred at the balance sheet date. Timing differences are differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured at the average tax rates that are expected to apply in the periods in which timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred tax is measured on a non-discounted basis.

Pension costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Operating leasing commitments

Rentals paid under operating leases are charged to the profit and loss on a straight line basis over the period of the lease. The benefits of lease incentives are recognised in the profit and loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

75,000

AMORTISATION

At 1 April 2025

61,250

Charge for year

13,750

At 31 March 2026

75,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

13,750

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

23,510

Additions

1,996

At 31 March 2026

25,506

DEPRECIATION

At 1 April 2025

22,213

Charge for year

1,481

At 31 March 2026

23,694

NET BOOK VALUE

At 31 March 2026

1,812

At 31 March 2025

1,297

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

18,750

18,121

Other debtors

5,436

7,209

24,186

25,330

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

7,907

12,557

Taxation and social security

39,387

33,018

Other creditors

15,043

6,051

62,337

51,626

9.	OTHER FINANCIAL COMMITMENTS

The company has total guarantees and commitments in relation to car leases at the balance sheet date of £1,750 (2025: £8,748). Of this amount, £1,750 (2025: £6,999) is payable within 1 year and £Nil (2025: £1,750) is payable within 2 - 5 years.

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption conferred by The Financial Reporting Standard 102 Section 33 'Related party disclosures.' This allows for transactions with members of the group headed by The Grantley Group Limited not to be disclosed on the grounds that 100% of the voting rights in the company are controlled within the group.

11.	POST BALANCE SHEET EVENTS

Following the year end, the company entered into a motor vehicle lease agreement with a term of 36 months. The total lease commitment under the agreement is approximately £22,800 excluding VAT. As the agreement was entered into after the reporting date, no adjustment has been made to the financial statements.

12.	ULTIMATE PARENT COMPANY

The immediate and ultimate parent company is The Grantley Group Limited, a company registered in England and Wales. The Grantley Group Limited owns 100% of the share capital of Red Clam Limited.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Red Clam Limited for the year ended 31 March 2026 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Red Clam Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Red Clam Limited and state those matters that we have agreed to state to the director of Red Clam Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Red Clam Limited and its director for our work or for this report.

It is your duty to ensure that Red Clam Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Red Clam Limited. You consider that Red Clam Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Red Clam Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than the Directors, who obtain access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk.

Bessler Hendrie LLP

Chartered Accountants

Ashbourne House

The Guildway

Old Portsmouth Road

Guildford

Surrey

GU3 1LR

29 September 2026